[I.T.A., s. 127(3)]

• There may be deducted from the tax otherwise payable by a taxpayer for a taxation year in respect of the total of all amounts each of which is a monetary contribution made by the taxpayer in the year to a registered party or to a candidate whose nomination has been confirmed in an election of a member or members to serve in the House of Commons of Canada:

  • 75 percent of the total, if the total does not exceed $200;

  • $150 plus 50 percent of the amount by which the total exceeds $200, if the total exceeds $200 and does not exceed $550; or

  • the lesser of $325 plus 33 1/3 percent of the amount by which the total exceeds $550, and $500;

  if payment of each monetary contribution that is included in the total is proven by filing a receipt with the Minister, signed by a registered agent of the registered party or by the official agent of the candidate whose nomination has been confirmed, as the case may be, that contains prescribed information.

[E.A., s. 339(2)-(3)]

• There may be deducted from the tax otherwise payable under the Act by a taxpayer who is an individual or a corporation for a taxation year in respect of the aggregate of all amounts, each of which is the amount of a contribution of money made by the taxpayer in a year to a registered political party, a registered district association or a registered non-affiliated candidate:

• 75 percent of the aggregate if the aggregate does not exceed $100;
• $75 plus 50 percent of the amount by which the aggregate exceeds $100 if the aggregate exceeds $100 and does not exceed $550; or
• $300 plus 33 1/3 percent of the amount by which the aggregate exceeds $550 if the aggregate exceeds $550 and does not exceed $1 150;

• The maximum allowable deduction is $500.

[I.T.A., s. 9(2)]

• In respect of the aggregate amount of contributions, other than donations in kind, made by a taxpayer to candidates and recognized parties during the taxation year, that taxpayer may deduct from the amount of tax which he or she would otherwise be required to pay under the Act an amount equal to:

• 75 percent of the aggregate amount contributed if the aggregate amount contributed does not exceed $100;
• $75 plus 50 percent of the amount by which the aggregate amount contributed exceeds $100 but does not exceed $550; or

• the lesser of: $300 plus 33 1/3 percent of the amount by which the aggregate amount contributed exceeds $550, and $500; or the amount of the tax payable whichever is the lesser.

[I.A., s. 10(2)]

• In respect of the aggregate amount of contributions, other than donations in kind, made by a taxpayer to candidates and recognized parties during the taxation year, that taxpayer may deduct from the amount of tax which he or she would otherwise be required to pay under the Act an amount equal to:

• 75 percent of the aggregate amount contributed if the aggregate amount contributed does not exceed $100;
• $75 plus 50 percent of the amount by which the aggregate amount contributed exceeds $100 but does not exceed $550; or
• the lesser of $300 plus 33 1/3 percent of the amount by which the aggregate amount contributed exceeds $550, and $500;

[I.T.A., s. 2.1(2)]

• There may be deducted from the tax otherwise payable under the Act by a taxpayer who is an individual or a corporation for a taxation year in respect of the aggregate of all amounts, each of which is the amount of a contribution of money made by the taxpayer in a year to a registered political party, a registered district association or a registered independent candidate:

• 75 percent of the aggregate if the aggregate does not exceed $100;
• $75 plus 50 percent of the amount by which the aggregate exceeds $100 if the aggregate exceeds $100 and does not exceed $550; or
• the lesser of $300 plus 33 1/3 percent of the amount by which the aggregate exceeds $550 if the aggregate exceeds $550, and $500;

[T.A., s. 776]

• If an individual elector makes a cash contribution during a given fiscal year to the official representative of an authorized political party, of a recognized authority of an authorized political party or of an independent registered candidate, he or she can deduct from his or her tax to be paid for that fiscal year, pursuant to this section, calculated without consideration of sections 752.1 to 752.5, an amount equivalent to:

• for contributions not exceeding $200, 75 percent of this contribution;
• for contributions exceeding $200, the lesser of $250 or the sum of $150 and 50 percent of the amount in excess of $200 of this contribution.

[I.T.A., s. 9.1][C.T.A., s. 36(1)]

Individuals

• The amount determined under this subsection for a taxation year is,

• if the total amount contributed in the taxation year does not exceed the first contribution level for the taxation year, 75 percent of the total amount contributed;
• if the total amount contributed in the taxation year exceeds the first but not the second contribution level for the taxation year, the sum of:

• 75 percent of the first contribution level for the taxation year ($300); and
• 50 percent of the amount by which the total amount contributed in the taxation year exceeds the first contribution level for the taxation year (next $700);

• if the total amount contributed in the taxation year exceeds the second contribution level for the taxation year, the lesser of:

• the tax credit limit for the taxation year; and
• the amount determined according to the following formula:

(0.75 x A) + [0.50 x (B – A)] + [0.333 x (C – B)] (next $1 000)

Where: "A" is the first contribution level for the taxation year;
"B" is the second contribution level for the taxation year; and
"C" is the total amount contributed in the taxation year.

Corporations

• In computing a corporation's taxable income for a taxation year, there may be deducted the aggregate of amounts that are contributions for the purposes of the Election Finances Act and that are contributed in the taxation year ending after February 12, 1975 to the extent that such contributions have not already been deducted, by the corporation to registered candidates, to registered constituency associations or to registered parties, provided that the deduction does not exceed the least of: the amount contributed; its taxable income computed without reference to the Act, and $15 000.
  

[I.T.A., s. 10(1)] [E.F.A., s. 36(1)]

• There may be deducted from the tax otherwise payable by a taxpayer under the Act for a taxation year in respect of the aggregate of contributions, other than donations in kind, made by the taxpayer in that year to registered political parties and registered candidates:

• 75 percent of the amount contributed if the amount contributed does not exceed $100;
• $75, plus 50 percent of the amount by which the amount contributed exceeds $100 if the amount contributed exceeds $100 but does not exceed $550; and
• if the amount contributed exceeds $550, the lesser of $300, plus 33 1/3 percent of the amount by which the amount contributed exceeds $550, or $500;

• Tax receipts may only be issued for contributions in the form of money, cheque or similar instrument.

[E.A., s. 275(3), Not in Force]

• Tax receipts may only be issued to voters and the maximum total amount of tax receipts that may be issued to any voter for any one election is $1 150.

[A.I.T.A., s. 13(2), 24]

• In respect of the aggregate amount of contributions under the Election Finances and Contributions Disclosure Act contributed by a taxpayer, either individual or corporate, during the taxation year to a registered party, registered constituency association or registered candidate, that taxpayer may deduct from the amount of tax which he or she would otherwise be required to pay under the Act an amount equal to:

• in the case of a registered party, a registered constituency association or a registered candidate who is a candidate under the Election Act, for contributions made on or after January 1, 1982, in respect of an election under the Election Act;

• 75 percent of the amount contributed if the aggregate amount of contributions by the taxpayer does not exceed $150;
• $112.50 plus 50 percent of the amount contributed in excess of $150 if the aggregate amount of contributions by the taxpayer exceeds $150 but does not exceed $825; or
• the lesser of $750, and $450 plus 33 1/3 percent of the amount contributed in excess of $825; if the aggregate amount of contributions by the taxpayer exceeds $825; and

• in the case of a registered party that has nominated a candidate under the Senatorial Selection Act or a registered candidate who is a candidate under the Senatorial Selection Act, for contributions made on or after January 1, 1989, in respect of an election under the Senatorial Selection Act:

• 75 percent of the amount contributed if the aggregate amount of contributions by the taxpayer does not exceed $150;
• $112.50 plus 50 percent of the amount contributed in excess of $150 if the aggregate amount of contributions by the taxpayer exceeds $150 but does not exceed $825; or
• the lesser of $750, and $450 plus 33 1/3 percent of the amount contributed in excess of $825; if the aggregate amount of contributions by the taxpayer exceeds $825;

or the amount of the tax payable, whichever is the lesser.

[I.T.A., s. 20(2)]

• There may be deducted from the tax otherwise payable by a taxpayer for a taxation year, in respect of the aggregate of all amounts each of which is an eligible political contribution, whichever of the following is applicable:

• 75 percent of the aggregate, if the aggregate does not exceed $100;
• $75 plus 50 percent of the amount by which the aggregate exceeds $100, if the aggregate exceeds $100 and does not exceed $550;
• the smaller of $300 plus 33 1/3 percent of the amount by which the aggregate exceeds $550, and $500.

[I.T.A., s. 5(2)]

• There may be deducted from the tax otherwise payable by a taxpayer under this part for a taxation year in respect of the aggregate of all amounts each of which is an amount contributed by the taxpayer in the year to a registered political party or to a candidate at an election of a member to serve in the Legislative Assembly:

• 75 percent of the aggregate if the aggregate does not exceed $100;
• $75 plus 50 percent of the amount by which the aggregate exceeds $100 if the aggregate exceeds $100 and does not exceed $550; or
• the smaller of $300 plus 33 1/3 percent of the amount by which the aggregate exceeds $550, and $500;

[I.T.A., s. 5(2)]

• Where an individual or a corporation has contributed money in the year to a candidate at an election of a member of the Legislative Assembly, the individual or the corporation may deduct from the tax otherwise payable under the Act an amount equal to:

• 100 percent of the aggregate if the aggregate does not exceed $100; or
• the lesser of $100 plus 50 percent of the amount by which the aggregate exceeds $100, and $500.

[I.T.A., s. 5(2)]

• Where an individual or a corporation has contributed money in the year to a candidate at an election of a member of the Legislative Assembly, the individual or the corporation may deduct from the tax otherwise payable under the Act an amount equal to:

• 100 percent of the aggregate if the aggregate does not exceed $100; or
• the lesser of $100 plus 50 percent of the amount by which the aggregate exceeds $100, and $500.